The plots, being developed by the Telangana State Industrial Infrastructure Corporation (TSIIC), will offer modern facilities for financial institutions, developers, corporates and investors.
Real estate consultant CBRE submitted a report to the government suggesting potential large-scale activities that can be developed in certain pockets along ORR by pooling lands.
The carriageway capacity will be designed based on the projected traffic volume at the close of 15 years commencing from the year of the traffic survey.
About 50 per cent of land acquisition cost will be borne by the state government.
IT professionals spoke to The New Indian Express from various apartments, but insisted that their names be changed.
With the completion of phase II of road works between Nemilichery and Minjur, the ORR was thrown open for public transportation in February this year.
The only firm in Bengaluru which recycles construction waste is not even getting enough debris to run its plant at half the capacity.
The truck that started from the West Godavari district of Andhra Pradesh was on its way to Mumbai. It is suspected that the driver could have dozed off on the wheel and lost control.
About 16-kilometre stretch on the Outer Ring Road bled pink and red on Sunday, thanks to the mega meeting. Traffic flow remained relatively smooth in the morning hours.
The first task that Nizam’s City Improvement Board embarked upon soon after its formation in 1912 was decongesting the city.